Kirby Corp (KEX) released earnings for its second quarter that increased from the same period last year and beat the Street estimates.
The company's bottom line came in at $83.854 million, or $1.43 per share. This compares with $57.367 million, or $0.95 per share, in last year's second quarter.
Analysts on average had expected the company to earn $1.32 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 6.1% to $824.390 million from $777.248 million last year.
Kirby Corp earnings at a glance (GAAP) :
-Earnings (Q2): $83.854 Mln. vs. $57.367 Mln. last year.
-EPS (Q2): $1.43 vs. $0.95 last year.
-Revenue (Q2): $824.390 Mln vs. $777.248 Mln last year.
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